M by M0

Name: M by M0 (M) market data
Creator: DefiLlama

Fiat-backed USD-pegged Rank #25

Price

—

Market Cap

$370.49M

Market Cap

$370.49M

Dominance

0.12%

of market

Price

—

% Off Peg

—

24h Supply

+0.00%

7d Supply

+11.62%

30d Supply

+32.66%

Networks

chains

Circulating Supply

Total M across all chains

$942.68M

$182.77M

Jun 3, 2025

Jun 2, 2026

Chain Distribution

Current supply by network

Ethereum

$348.32M 94.0%

Solana

$15.47M 4.2%

Noble

$4.89M 1.3%

Hyperliquid L1

$1.13M 0.3%

Monad

$504.0K 0.1%

Arbitrum

$165.2K 0.0%

OP Mainnet

$13 0.0%

Plume Mainnet

$0 0.0%

About M by M0

M^0 democratizes access to money issuance infrastructure. Based on a decentralized architecture and best-in-class collateral design, M^0 allows institutions to issue fungible cryptodollars

Mint & redeem

In order to generate M, Minters must have a sufficient off-chain balance of Eligible Collateral which is represented on-chain by a frequently updated and validated number, known as the on-chain Collateral Value